Renting Income As Passive Income

relcap23

Notable
Member
Sep 8, 2022
2,061
337
Dex
$0.000
Raw Dex
$0.000
We are also not interested to invite renters unless it's a building where rooms are for rent. We can't trust people this time.Who knows if they are disguised criminals or ex con lol.

We used to have boarders because of the proximity of our home to some schools, but managing student boarders is not easy because you cannot prevent them from inviting their classmates over in the guise of conducting study group lol so we stopped accepting student and only accepted those who are already working. But now we have decided not to accept anymore because it's not anymore convenient for us.
 
AgoraForo - Digital Marketplace & Freelancer Forum

Starmix

Popular
Member
Sep 2, 2022
29,990
3,693
Dex
$3.000
Raw Dex
$0.479
We used to have boarders because of the proximity of our home to some schools, but managing student boarders is not easy because you cannot prevent them from inviting their classmates over in the guise of conducting study group lol so we stopped accepting student and only accepted those who are already working. But now we have decided not to accept anymore because it's not anymore convenient for us.
I also do not like that, it gives a headache. The students are erratic and very noisy people. They cannot stop themselves bringing their barkadas.
 

Stardom22

Very Familiar
Member
Sep 1, 2022
13,102
565
Dex
$0.000
Raw Dex
$2.536
This is the best source of passive income ever. I have seen from people that are really benefiting from that kind of investment. However it's a very capital intensive type of investment.
 

Starmix

Popular
Member
Sep 2, 2022
29,990
3,693
Dex
$3.000
Raw Dex
$0.479
Only those with big capitalists can afford to man a business like this. It is not only the building but the contents of it, the lighting services, water services, cabinets for each room, beds for each room, and more.
 

junrose123

Unfamiliar
Member
Aug 17, 2022
383
59
Dex
$0.000
Raw Dex
$0.030
I agree that renting is a good passive income because I am doing that kind of business, I do have a videoke rental business and it is doing good, an easy money with less supervsion.
 

gammarays

Notable
Member
Sep 15, 2022
1,638
138
Dex
$0.000
Raw Dex
$0.000
To me renting apartments is one of the best passive income sources i know. Landed properties such as lands or buildings have a very long life span even till generations so one can rent them for revenue and use part of the funds for renovation.
 

Chibson

Well Known
Member
Nov 22, 2022
7,087
435
Dex
$0.000
Raw Dex
$0.000
Yeah, renting your things out is always a good way to make passive income. You can rent your cars, trucks, properties and others to generate income passively.
 

Suba

Notable
Member
Nov 11, 2022
3,879
471
Dex
$0.000
Raw Dex
$1.585
Actually, it's not only property that we can rent out to make passive income, but all valuable items that you don't use, such as bags, motorbikes, cars, sports bikes, empty space in your house, etc. You can rent it to make passive income.
 

Shortie

Notable
Member
Writers Guild
Dec 29, 2022
1,041
106
Dex
$0.000
Raw Dex
$0.445
Renting out properties is a really good way to earn a passive income if you have the funds to purchase and complete any work that needs to be done on the property before renting.

With so many people looking for somewhere to live, renting properties is a really great way to be able to not only help people with housing but to also ensure a passive income as well.
 

Bisolami

Very Familiar
Member
Sep 19, 2022
17,833
1,535
Dex
$0.000
Raw Dex
$0.078
I think if we are in search of Passive income then we should look at renting our Idle property as it's one of the best ways to earn passive, stable and confirmed earnings.
A lot of people rent out their properties to other people so that they can make money from it and I see it as a reasonable way of making money and one of the best passive incomes
 
Back
Top